Tag: Lockheed Martin

What Happened: Lockheed Martin has revised down its annual delivery forecast for F-35 fighter jets due to ongoing delays attributed to its supplier, L3Harris Technologies. As a result of he statement affecting the development of an upgraded version of the F-35, Lockheed's stock saw a decline of 4.5 percent...

Lockheed Martin Corporation has recently secured several projects with terrestrial connections that merit mention. First, the Corp announced on Monday, April 3rd, that they had been awarded a contract to produce missiles for the U.S Army, specifically Joint-Air-to-Ground Missiles (JAGM) and HELLFIRE missiles, for at least four years. A...

In an interview on Wednesday with the Financial Times Lockheed Martin's chief operating officer (COO,) Frank St. John, said there is "a lot of conversation about third party transfer of F-16s." St. John went on to say that his company will ramp up production of the jets so they'll...

Last month, the #UnitedStates #AirForce successfully live-fire tested the “Rapid Dragon,” from a deployment system for MC-130J Commando IIs and similar aircraft. The weapon system will allow cargo aircraft to be weaponized and act as strategic attack platforms. Led by the Air Force Research Laboratory’s Strategic Development Planning and Experimentation office Rapid...